Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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denizen48

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zax

To: zax who wrote (1485047)	9/11/2024 10:01:41 AM
From: Qone0	3 Recommendations of 1579881

Here is the funny thing about that. It's hard for a stock to fall more than 20% in day. But, Trump Media Stock (DJT) - Disgruntled 18M Shares Join The 'Great Unlocking' Last Thursday (August 30), a news report described this Sarasota, Florida, court's denial of Trump Media's request. "A Florida judge has denied a motion by Donald Trump’s Truth Social to block the sale of 18 million shares by two of the company’s co-founders, determining that the company would not suffer irreparable harm and that any potential damage could be addressed through financial compensation. The ruling came from Sarasota County Circuit Judge Hunter Carroll on Friday, who dismissed Truth Social’s arguments for a temporary injunction. "Truth Social, officially known as Trump Media & Technology Group Corp. (TMTG), sought to prevent Arc Global Investments II LLC and United Atlantic Ventures LLC from selling their shares when a lock-up restriction expires on September 19." Sept 19 is one day before Trumps date of Sept 20 unlock date if the stock holds above $12. If not they will have 5 more days to sell before Trump can sell a share.

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